BOI AXA Liquid Fund is focused on providing high liquidity. It is most suited to investors seeking reasonable market related returns.
(as on April 31, 2013)
| BOI AXA Liquid Fund | |
| FUND TYPE | An Open Ended Liquid Scheme |
| INVESTMENT OBJECTIVE | The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. |
| FUND MANAGER |
Ramesh Rachuri Experience: With over 12 years experience in Investment Trading and Financial Markets. He has managed and traded various asset classes and sub classes ranging from debt, long term equity and debt derivatives and structuring, corporate bonds and government securities, and global forex trading. |
| BENCHMARK | CRISIL Liquid Fund Index |
| DATE OF ALLOTMENT | July 16, 2008 |
| PLANS / OPTIONS |
The Scheme has following 4 Plans: • Regular Plan • Direct Plan • Institutional Plan (withdrawn for Subscription w.e.f. October 1, 2012)
• Super-Institutional Plan (withdrawn for Subscription w.e.f. October 1, 2012) Each of the above Plans has following Options: • Growth Option for capital appreciation; • Dividend Re-investment Option. (Daily and Weekly frequency-Regular Plan; Daily, Weekly, Monthly frequencies - Institutional and Super-Institutional Plans)
• Dividend Transfer option (with Daily dividend frequency). • Institutional and Super-Institutional Plans also offer Dividend Pay-out Option at a monthly frequency.
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| MIN. APPLICATION AMT/ADDITIONAL AMT |
Regular Plan / Direct Plan • Purchase: Rs.5,000 and in multiples of Re.1 • Additional Purchase: Rs.1,000 and in multiples of Re.1 Institutional Plan (withdrawn for Subscription w.e.f. October 1, 2012) Super Institutional (withdrawn for Subscription w.e.f. October 1, 2012) |
| MINIMUM REDEMPTION | The minimum amount for redemption shall be Rs.1,000/- or equivalent Unit value, or entire account balance whichever is lower. |
| LOAD STRUCTURE |
• Entry Load : Nil • Exit Load : Nil |
| TOTAL EXPENSE RATIO (as on March 31, 2013) |
• Regular Plan: 0.20% • Direct Plan: 0.10% • Institutional Plan (withdrawn for Subscription w.e.f. October 1, 2012)
• Super Institutional Plan (withdrawn for Subscription w.e.f. October 1, 2012)
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| ASSET ALLOCATION |
• Debt instruments (including Asset Backed Securities *) - 0-100% |
| AVERAGE MATURITY (AM) & MODIFIED DURATION (MD) as on September 30, 2012 |
• Average Maturity: 52 Days • Modified Duration: 47 Days |
Statutory Details: BOI AXA Mutual Fund has been set up as a Trust (under the Indian Trust Act, 1882) by AXA Investment Managers, Sponsor of the Fund. The Sponsor is not responsible for any loss resulting from the operations of the schemes beyond the contribution of an amount of Rs.1 lakh made by it towards setting up the Mutual Fund. Trustee: BOI AXA Trustee Services Private Limited, a limited liability company. Investment Manager: BOI AXA Investment Managers Private Limited, a limited liability company. Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that the Scheme's objectives will be achieved and the NAV of the Plans under the Scheme may go up or down depending upon the factors and forces affecting the securities market. Past performance of the Sponsors and their affiliates / AMC / Mutual Fund and its Scheme(s) do not indicate the future performance of the Scheme(s) of the Mutual Fund. Investors in the Scheme are not being offered any guaranteed / assured returns. The name of the Scheme does not in any manner indicate either the quality of the Scheme, their future prospects or returns. BOI AXA Liquid Fund is an open-ended liquid scheme. Investment Objective: The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. Copies of the Scheme Information Document / Key Information Memorandum / Statement of Additional Information can be obtained at any of our Investor Service Centers or on AMC Website www.bhartiaxa-im.com. Mutual Funds Investments are subject to market risks. Investors are requested to read the Scheme Information Document / Statement of Additional Information / Addenda carefully before investing.
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Mutual Funds investments are subject to market risks, read all scheme related documents carefully.
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© Copyright BOI AXA Investment Managers Private Limited, 2012. All Rights Reserved. Mutual Funds investments are subject to market risks, read all scheme related documents carefully. Compliance with KYC norms is mandatory for investing in Mutual Funds.
E-mail: service@boiaxa-im.com
